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Posts tagged with "CMTA"

Customs order tackles dispute settlement, valuation protest

Customs order tackles dispute settlement, valuation protest

Mar. 12 | The Bureau of Customs (BOC) has issued guidelines for dispute settlement and protest concerning customs issues such as valuation and tariff classification. Customs Administrative Order No. 02-2020, published on March 5 and which takes effect on April...

Consignees of foreign donations told to follow proper steps for swift release, tax exemption

Consignees of foreign donations told to follow proper steps for swift release, tax exemption

Mar. 12 | Infographic from BOC The Bureau of Customs (BOC) has clarified the role of consignees in procedures for the release of humanitarian aid and relief consignments to better facilitate international donations coming into the Philippines. As a rule, all importations...

BOC simplifies rules for disposing seized, abandoned and forfeited goods

BOC simplifies rules for disposing seized, abandoned and forfeited goods

Mar. 10 | The Bureau of Customs (BOC) has released new rules and procedures for all modes of disposition of seized, abandoned, and forfeited goods. Customs Administrative Order (CAO) No. 03-2020 aims to provide simplified and streamlined rules “for the speedy...

Convene CMTA oversight body to check issuances, CCBI urges Congress

Convene CMTA oversight body to check issuances, CCBI urges Congress

Mar. 4 | The Chamber of Customs Brokers, Inc. (CCBI) is requesting Congress to convene the Congressional Customs and Tariff Oversight Committee (COCTOC) to review Bureau of Customs (BOC) issuances on and implementation of the Customs Modernization and Tariff Act...

Customs brokers seek clarity over confusing goods declaration lodgement period

Customs brokers seek clarity over confusing goods declaration lodgement period

Feb. 24 | The Chamber of Customs Brokers, Inc. (CCBI) is asking the Department of Finance (DOF) to clear up conflicting Bureau of Customs (BOC) orders regarding the period of lodgement of goods declaration. In a letter to Finance Secretary Carlos Dominguez III...

BOC: Foreign donations subject to customs duties

BOC: Foreign donations subject to customs duties

Dec. 20 | Image from Pixabay. The Bureau of Customs (BOC) clarified that international donations are still subject to payment of customs duties and taxes and required to undergo the normal procedures for processing of imports. BOC, in a statement, advised the public...

Draft Customs order on provisional goods declaration out

Draft Customs order on provisional goods declaration out

Dec. 9 | Image from Pixabay. The Bureau of Customs (BOC) has released the draft customs memorandum order (CMO) providing guidelines for the lodging and processing of provisional goods declaration under its formal entry system. Stakeholders have until December...

BOC bares rules on compulsory acquisition of undervalued imports

BOC bares rules on compulsory acquisition of undervalued imports

Dec. 7 | Image from Pixabay. The Bureau of Customs (BOC) has issued rules on the Philippine government’s right to acquire undervalued imported goods. Customs Administrative Order (CAO) No. 16-2019, signed by Finance Secretary Carlos Dominguez III on October...

BOC orders strict observance of valuation, proper goods description

BOC orders strict observance of valuation, proper goods description

Nov. 25 | Image from Pixabay. Customs commissioner Rey Leonardo Guerrero instructed Bureau of Customs (BOC) officials and employees to comply strictly with the basis for valuation and with the sequential application of valuation methods under the Customs Modernization...

BOC tests new system ensuring transparency of alert orders

BOC tests new system ensuring transparency of alert orders

May. 29 | Image by Free-Photos from Pixabay The Bureau of Customs (BOC) eyes pilot testing by June 15 of an electronic system that promotes transparency and accountability among customs personnel involved in the issuance and lifting of alert orders. The system...